Wednesday, September 9, 2009

End of Day Review 09/09/09

We got a Grand Teton formation today on the Volume Distribution chart. The 08/28/09 high did act as resistance.

In the last half hour, we got a nice 3-wave move to the upside with the 50% correction occuring at the same time that the $TICK touched the lower 1.5 Standard Deviation Line.
Switching to the December Contract tomorrow.

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